MONETARY POLICY AND INTERNATIONAL COMPETITIVENESS: THE PROBLEMS OF ADJUSTMENT

Abstract

Journal Article MONETARY POLICY AND INTERNATIONAL COMPETITIVENESS: THE PROBLEMS OF ADJUSTMENT: A story of smart speculators and sticky prices, set in a world of high-speed capital movements Get access WILLIAM H. BUITER, WILLIAM H. BUITER Search for other works by this author on: Oxford Academic Google Scholar MARCUS MILLER MARCUS MILLER * Our thanks are due to several participants in the Warwick Summer Workshop (particularly Stanley Black, Avinash Dixit, Paul Krugman and Nissan Liviatan) and to the N.B.E.R. Summer Institute for providing the opportunity to write an early draft of the paper. Buiter would like to acknowledge financial support from the N.S.F. Any opinions expressed are those of the authors and not those of the National Bureau of Economic Research. Search for other works by this author on: Oxford Academic Google Scholar Oxford Economic Papers, Volume 33, Issue supp, July 1981, Pages 143–175, https://doi.org/10.1093/oxfordjournals.oep.a041522 Published: 01 July 1981